The incidence of a tax is determined by which group (buyers or sellers must write the check to the government.

1 answer:

vladimir2022 [97]2 years ago

7 0

Based on the statement above, I believe that it would be FALSE. Incidence tax is the tax that is being distributed between the sellers and the buyers. This is dependent on the elasticity of the supply and demand of the products. If the elasticity of the demand is increased, then for the supply, it would be decreased.

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Moe's Pizza Shop sells a large pizza for $12.00. Unit variable expenses total $8.00. The breakeven sales in units is 7,000 a

spayn [35]

Answer:

$12,000

Explanation:

Margin of safety = Current sales level - Break even point

=(8,000 ×12) - (7,000 × 12)

= 96,000 - 84,000

= $12,000

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2 years ago

The government imposes a $1,000 per year license fee on all pizza restaurants. Which cost curves shift as a result? Select one:

zzz [600]

Answer:

correct option is a. average total cost and average fixed cost.

Explanation:

given data

license fee = $1,000 per year

solution

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so cost curves shift by the average total cost and the average fixed cost

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2 years ago

Consider the all-units quantity discount schedule below. The annual demand is 90,000 units, setup cost is $1000 per order, and a

umka2103 [35]

Answer:

Using the lowest price of $210 offered by the supplier

Annual demand (D) = 90,000 units

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EOQ = √<u>2DS</u>

EOQ = √<u>2 x 90,000 x $1,000</u>

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The correct answer is C

Explanation:

In this case, there is need to calculate the EOQ using the least price offered by the supplier. The least price gives the minimum total cost. EOQ is calculated as: 2 multiplied by annual demand and set-up cost divided by holding cost. The EOQ of 1,690 units gives the least total cost and thus recommended.

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2 years ago

The Camino Real Landfill was required to install a plastic liner to prevent leachate from migrating into the groundwater. The fi

tensa zangetsu [6.8K]

Answer:

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Explanation:

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